0001213206-11-000024.txt : 20110428 0001213206-11-000024.hdr.sgml : 20110428 20110428124100 ACCESSION NUMBER: 0001213206-11-000024 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110428 DATE AS OF CHANGE: 20110428 EFFECTIVENESS DATE: 20110428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARATHON CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0001213206 IRS NUMBER: 203954582 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12098 FILM NUMBER: 11786795 BUSINESS ADDRESS: STREET 1: 4 NORTH PARK DRIVE STREET 2: SUITE 106 CITY: HUNT VALLEY STATE: MD ZIP: 21030-1806 BUSINESS PHONE: 410-329-1522 MAIL ADDRESS: STREET 1: 4 NORTH PARK DRIVE STREET 2: SUITE 106 CITY: HUNT VALLEY STATE: MD ZIP: 21030-1806 13F-HR 1 form13f-0311.txt MARATHON CAPITAL MANAGEMENT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 03/31/2011 Check here if Amendment [ ]; Amendment Number _____________ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager filing this Report: Name: Marathon Capital Management Address: 4 North Park Drive, Suite 106 Hunt Valley, MD 21030 Form 13F File Number: 28-12098 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statement, schedules, lists, and tables are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: James G. Kennedy Title: President Phone: 410-329-1522 Signature, Place, and Date of Signing: James G. Kennedy Hunt Valley, MD May 2, 2011 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report) [ ] 13F NOTICE (Check here if no holdings reported are in this report, and all holding are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT (Check here if a portion of the holding for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) FORM 13F SUMMARY PAGE Report Summary Number of Other Included Managers: None Form 13F Information Table Entry Total: 72 Form 13F Information Table Value Total: $109,906 (thousands) List of Other Included Managers: None Provide a number list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE TITLE OF VALUE SHR OR SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER CLASS CUSIP x$1000 PRN AMT PRN CALL DSCRTN MNGRS SOLE SHRD NONE 3M Company COM 88579Y101 215 2295 SH SOLE 400 0 0 ABB Limited COM 000375204 3680 152109 SH SOLE 1500 0 0 Alaska Communications COM 01167P101 202 19000 SH SOLE 0 0 Alcatel Lucent COM 013904305 89 15331 SH SOLE 0 0 Alturas Minerals Corp COM 022143101 45 250000 SH SOLE 250000 0 0 American Bio Medica COM 024600108 39 325000 SH SOLE 0 0 Applied Minerals COM 03823M100 2342 2891503 SH SOLE 206500 0 0 Aspenbio Pharma Inc COM 045346103 26 30844 SH SOLE 1844 0 0 Barclays Bank Ipath ETN COM 06739H644 125 14500 SH SOLE 2000 0 0 Baxter International Inc COM 071813109 1147 21330 SH SOLE 600 0 0 Bayou city Exploration COM 07301P105 13 175000 SH SOLE 175000 0 0 Blackrock Real Asset Eq COM 09254B109 1752 111925 SH SOLE 5250 0 0 Chevrontexaco corp COM 166764100 276 2570 SH SOLE 0 0 Cisco Systems Inc COM 17275R102 315 18383 SH SOLE 1200 0 0 Coca Cola Compsny COM 191216100 502 7565 SH SOLE 500 0 0 Comcast Corp COM 20030N408 421 16450 SH SOLE 200 0 0 Compumed Inc New COM 204914402 49 706000 SH SOLE 81000 0 0 Conocophillips COM 20825C104 229 2871 SH SOLE 500 0 0 Corning Inc COM 219350105 278 13455 SH SOLE 0 0 Crossroads Systems Inc COM 22765D100 29 26000 SH SOLE 0 0 Digimarc Corp COM 25381B101 289 10000 SH SOLE 0 0 Disaboom Inc COM 25459T109 2 850019 SH SOLE 845019 0 0 Du Pont E I De Nemour&Co COM 263534109 1400 25472 SH SOLE 600 0 0 Duke Energy Corporation COM 26441C105 801 44147 SH SOLE 1400 0 0 Earthlink Inc COM 270321102 157 20000 SH SOLE 0 0 Eaton Corp COM 278058102 1045 18850 SH SOLE 800 0 0 Exxon Mobil Corporation COM 30231G102 1073 12750 SH SOLE 50 0 0 General Electric Company COM 369604103 1376 68609 SH SOLE 625 0 0 Great Lakes Dredge COM 390607109 2234 292750 SH SOLE 4000 0 0 Hess Corp COM 42809H107 864 10143 SH SOLE 686 0 0 Honeywell International COM 438516106 238 3978 SH SOLE 0 0 Hudson Technologies COM 444144109 3308 1696450 SH SOLE 23000 0 0 InContact Inc COM 45336E109 9571 2908995 SH SOLE 115200 0 0 Intel Corp COM 458140100 2072 102693 SH SOLE 2000 0 0 Intermap Tech Corp COM 458977204 2882 7008950 SH SOLE 1027750 0 0 Intl Business Machines COM 459200101 909 5574 SH SOLE 0 0 Johnson & Johnson COM 478160104 880 14848 SH SOLE 700 0 0 Johnson Controls Inc COM 478366107 286 6875 SH SOLE 0 0 Kopin Corp COM 500600101 5020 1096100 SH SOLE 12100 0 0 Lpath Inc COM 548910108 3124 2647150 SH SOLE 324850 0 0 Manitex International COM 563420108 2598 472450 SH SOLE 0 0 Marathon Oil Corp COM 565849106 582 10920 SH SOLE 550 0 0 Merck & Co Inc COM 589331107 606 18353 SH SOLE 0 0 Micromem Tech Inc COM 59509P106 6 34000 SH SOLE 0 0 Microsoft Corp COM 594918104 1301 51252 SH SOLE 1000 0 0 Nanologix Inc COM 630076107 2332 4759300 SH SOLE 3402300 0 0 Novadaq Technologies COM 66987G102 1206 366650 SH SOLE 9000 0 0 Nymox Pharmaceutical COM 67076P102 883 111900 SH SOLE 81800 0 0 Overland Storage COM 690310107 6661 2921836 SH SOLE 355500 0 0 P H C Inc Mass Cl A CLS A 693315103 5354 2027900 SH SOLE 71700 0 0 Paychex Inc COM 704326107 1749 55741 SH SOLE 1400 0 0 Pfizer Inc. COM 717081103 441 21707 SH SOLE 0 0 Phillip Morris Intl COM 718172109 333 5075 SH SOLE 0 0 Procera Networks Inc COM 74269U104 7066 696800 SH SOLE 95200 0 0 Procter & Gamble Co COM 742718109 1203 19525 SH SOLE 100 0 0 Prophotonix Ltd. COM 86126T203 69 573500 SH SOLE 260000 0 0 Qualcomm Inc COM 747525103 315 5745 SH SOLE 0 0 Redpoint Bio COM 757736103 19 600000 SH SOLE 19200 0 0 RTI Biologics COM 74975N105 2072 724500 SH SOLE 2000 0 0 S R S Labs COM 78464M106 3415 399867 SH SOLE 4000 0 0 Seychelle Environmental T COM 818542102 165 500000 SH SOLE 500000 0 0 Support Com Inc COM 868587106 5084 979600 SH SOLE 12500 0 0 TVI Pacific Inc COM 872917109 49 500000 SH SOLE 500000 0 0 TeleCommunication Sys. COM 87929J103 5903 1425830 SH SOLE 17000 0 0 Tortoise No Amern Energy COM 89147T103 277 10912 SH SOLE 1000 0 0 Tortoise Pwr & Energy COM 89147X104 544 21200 SH SOLE 250 0 0 Tucows Inc COM 898697107 1220 1435750 SH SOLE 1135750 0 0 Urigen Pharma Inc. COM 917264103 291 4157500 SH SOLE 3227500 0 0 Vical, Inc. COM 925602104 39 132500 SH SOLE 0 0 Vitamin Spice COM 92849D103 177 1965000 SH SOLE 1515000 0 0 White Mountain Titanium COM 864109102 5895 5311150 SH SOLE 1200050 0 0 ZBB Energy COM 98876R204 2746 2367252 SH SOLE 148630 0 0